Treasury Market Liquidity: The Forgotten 98%

The Fed and the Treasury describe the U.S. Treasury market as, “the deepest and most liquid government securities market in the world.” While arguably true for the six on-the-run (OTR) benchmark securities, those six securities make up less than 2% of the total $13.4...

Treasury Market Liquidity: The Forgotten 98%

The Fed and the Treasury describe the U.S. Treasury market as, “the deepest and most liquid government securities market in the world.” While arguably true for the six on-the-run (OTR) benchmark securities, those six securities make up less than 2% of the total $13.4...

OpenDoor Appoints Robert Grillo as President

OpenDoor Trading (“OpenDoor”), a platform designed to improve liquidity in the U.S. Treasury bond markets, has appointed Robert Grillo as its President. He is the second senior hire by OpenDoor this month, as it prepares to launch an innovative session-based trading...